In 1916, a French coal mine director named Henri Fayol wrote a book entitled "Administration Industrielle et Generale," which set forth five distinct functions of managing that Fayol insisted were ...

The conventional view of a manager is someone who controls and directs his employees. Management theorists still cite controlling as one of the four management functions. Despite this label, ...

Equipment management is a complex and difficult task that affects almost every aspect of a company’s operations. The skills required vary from the master mechanic to the finance specialist and ...

When I ask leaders and teams to concisely summarize their company’s management approach, the pause I get hangs in the air like a frisbee tossed on a windy day. No one seems to know which direction the ...

In my last article I pointed out possible downsides to consolidating control of original equipment manufacturer (OEM) purchasing into a corporate group. The message there wasn’t meant to be that ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Understanding application management services (AMS) is ...

Equipment management is a complex and difficult task that affects almost every aspect of a company’s operations. The skills required vary from the master mechanic to the finance specialist, and ...

Effective application inventory management is a cornerstone for businesses aiming to maintain robust security, ensure compliance, and optimize operational workflows. Keeping track of all the software ...

The use of artificial intelligence (AI) is based on the idea of optimizing, streamlining and expanding the reach of the most diverse operations. Their systems are programmed to identify patterns and ...